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Suzuki Forms Joint Venture for Developing Fuel Cell Technology

Suzuki announced it is partnering with U.K.-based Intelligent Energy Holdings to form a joint venture for developing fuel cell systems. The new joint venture, SMILE FC System Corporation, will work on developing fuel cell systems for both motorcycles and automobiles. Intelligent Energy, with its fuel cell expertise and Suzuki, with its mass production capabilities, will each have 50% share of SMILE FC.

Volkswagen Buys 20 Percent Share in Suzuki

Months of rumors and a more credible report yesterday have culminated in the official news that Volkswagen will take a 20 percent share in Japanese automaker Suzuki, worth $2.5 billion. Volkswagen has its sights set on becoming the world’s largest automaker and with Suzuli’s small-car expertise, it hopes to make a large expansion into developing markets, like India. The news comes just a day after VW officially took a 49.9 percent stake in Porsche.

Suzuki Signs on to AIMExpo

Hot on the heels of the announcement that U.S. motorcycle and ATV parts, accessories and apparel distributor Tucker Rocky/Biker’s Choice agreed to display its wares at the AIMExpo in October comes another key figure in the success of the inaugural trade show, Suzuki Motor of America. “We are very excited to be a founding participant at the first ever AIMExpo event”, said Suzuki Motor of America, Inc.